The following pie chart shows the ratio of the amount of imports by a company to the amount of exports from that company from 2013 to 2019.
If the imports in 2016 were ₹250 million and the total exports in the years 2016 and 2017 together were ₹500 million, then the imports in 2017 were:
Answer & explanation
Correct answer: option 2
Imports in 2016 = 250 million
Ratio of imports to exports in 2016 = 1.25 = \(\frac{125 }{100}\) = \(\frac{5 }{4}\)
ATQ , 5R = 250
1R = 50
Export in 2016 = 50 × 4 = 200
Sum of export in 2016 and 2017 = 500 million
So , Export in 2017 = 500 - 200 = 300 million
In 2017 ration of import to export = 1.4 = \(\frac{140}{100}\) = \(\frac{7}{5}\)
As ,
Export in 2017 = 300 million
i.e. 5R = 300
1R = 60
So , Import in 2017 = 7R = 7 × 60 = 420 million